UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of Earliest Event Reported): | | October 20, 2005 |
VIASPACE Inc.
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(Exact name of registrant as specified in its charter)
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Nevada | 333-110680 | 76-0742386 |
_____________________ (State or other jurisdiction | _____________ (Commission | ______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
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2400 Lincoln Ave., Altadena, California | | 91001 |
_________________________________ (Address of principal executive offices) | | ___________ (Zip Code) |
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Registrant’s telephone number, including area code: | | 626-296-6310 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
On October 20, 2005, the Company acquired 20,000 shares of the common stock of Arroyo Sciences, Inc. ("ASI"), a subsidiary of Company, in exchange for 10,000 shares of Company common stock. This transaction increases the Company's ownership in ASI from 99.8% to 100.0%.
A copy of the agreement is attached to this Form 8-K as Exhibit 10.1 and is incorporated herein by reference. In addition, a copy of the press release announcing this acquisition is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit No. Description
10.1 Stock Purchase Agreement between VIASPACE Inc. and California Institute of Technology dated October 20, 2005
99.1 Press Release dated October 26, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | VIASPACE Inc. |
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October 26, 2005 | | By: | | Stephen J. Muzi
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| | | | Name: Stephen J. Muzi |
| | | | Title: Chief Financial Officer |
Exhibit Index
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Exhibit No. | | Description |
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10.1 | | Stock Purchase Agreement between VIASPACE Inc. and California Institute of Technology dated October 20, 2005 |
99.1 | | Press Release dated October 26, 2005 |